Manhasset Education Association Trust Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 591,490 | 501,407 | 90,083 | 21.2 | 4% |
| 2012 | 592,233 | 506,539 | 85,694 | 23.3 | 4% |
| 2013 | 521,326 | 458,748 | 62,578 | 26.9 | 4% |
| 2014 | 165,149 | 469,211 | −304,062 | 18.4 | 4% |
| 2015 | 423,904 | 465,977 | −42,073 | 17.4 | 4% |
| 2016 | 434,079 | 476,093 | −42,014 | 16.0 | 4% |
| 2017 | 426,691 | 403,973 | 22,718 | 19.6 | 5% |
| 2018 | 422,583 | 422,180 | 403 | 18.4 | 5% |
| 2019 | 401,638 | 477,555 | −75,917 | 14.5 | 5% |
| 2020 | 424,791 | 413,455 | 11,336 | 18.4 | 5% |
| 2021 | 439,143 | 479,677 | −40,534 | 14.8 | 4% |
| 2022 | 435,285 | 461,243 | −25,958 | 13.4 | 5% |
| 2023 | 435,345 | 490,498 | −55,153 | 11.4 | 5% |
In its most recent public year (2023), this organization spent $55,153 more than it brought in. Its reserves stood at about 11.4 months of spending, down from 21.2 in 2011. Staff pay was 5% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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